PPP Loan information for Drake trans, inc.

$19,100

Drake trans, inc. was initially approved for PPP Loan of amount $19,100, the current approved amount is $19,100. The loan was approved on 05/06/2020 by The Simmons Bank reported 4 jobs and $19,100 was used to fund payroll.

Drake trans, inc. is Unanswered

DRAKE TRANS, INC.

Date Approved

05/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DRAKE TRANS, INC.

Borrower Address

2301 S Pine St Suite B

Borrower City

CABOT

Borrower State

AR

Borrower Zip

72023

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19100.00

Current Approval Amount

19100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CABOT

Project County Name

LONOKE

Project State

AR

Project Zip

72023-0001

CD

AR-01

Jobs Reported

4

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19290.47

Forgiveness Date

05/13/2021

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